define decentralisation
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Answer:
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Explanation:
Decentralization refers to the distribution of power, control, or decision-making away from a central authority or government to a larger number of individuals or entities. In the context of technology and finance, it often refers to the use of blockchain technology to enable peer-to-peer transactions without the need for a central authority, such as a bank or government. Decentralization promotes autonomy, transparency, and reduces the dependency on a single controlling entity.
Explanation:
Decentralisation is the process of transferring authority from the Supreme and state levels to the local level. The process of distributing functions and power away from a central place or authority is known as decentralisation.